The Bruins are teaming up with another top Hub sports brand on a new Boston training rink that will ice its long-time Wilmington practice facility.

The Bruins have signed a letter of intent for a long-term lease for an NHL-regulation rink to be built at New Balance’s $500 million Boston Landing, a 15-acre, mixed-use development in Brighton. The rink is slated for completion in fall 2016.

A first-class training facility has been a goal of Bruins president Cam Neely since he joined the front office in 2007. A number of NHL teams have been upgrading their facilities, and the Bruins’ outdated Wilmington location has been a source of frustration for players, he acknowledged.

“We want to pride ourselves in being a first-class organization that is doing everything we can not only to win championships, but make it an environment that people are proud of, whether you’re a player or a staff member,” Neely told the Herald. “There’s so much more need for space than what we had up in Wilmington with regards to being able to train and treat players better and differently.”

The Bruins started using Ristuccia Memorial Arena in Wilmington in 1987, when it was a new $3 million facility. Save game-day morning skates and the odd practice at TD Garden, they now have the bulk of practices there, as the “new” Garden, built in 1995, has taken on a busier event schedule.

Still under design, the Boston Landing rink will include about 600 seats and 25,000 square feet of dedicated Bruins locker room, training and office space.

The pending switch currently leaves the Bruins without a training facility for the 2015-2016 season, as its Ristuccia lease ends in 2015. But, Neely said, “We’ll be able to figure out where we’re going to practice.”

The Bruins represented a “relatively small portion” of Ristuccia’s business, which also includes long-term contracts with high school, men’s league and youth hockey programs, said James Reidy, spokesman for operator Rotondo Enterprises.

A hockey rink previously was slated to be part of Boston Landing’s planned sports complex that will include an indoor track and field facility. “This agreement reflects our vision of Boston Landing that transcends typical brick-and-mortar real estate development by truly enhancing and activating the area’s experience for tenants and residents, and also creating a destination use for visitors,” NB Development Group managing director Jim Halliday said in a statement.

In addition to having the Bruins as a tenant, New Balance’s hockey business includes Michigan-based Warrior Sports, with a hockey division that provides sticks, gloves and protective gear to professional hockey players.